Chile: Review Under the Flexible Credit Line Arrangement-Press Release; Staff Report; Staff Supplement; and Statement by the Executive Director for Chile

August 25, 2023

Preview Citation

Format: Chicago

Chile: Review Under the Flexible Credit Line Arrangement-Press Release; Staff Report; Staff Supplement; and Statement by the Executive Director for Chile, (USA: International Monetary Fund, 2023) accessed November 15, 2024

Summary

Following the overheating in 2021–22, the economy is approaching the end of its adjustment cycle towards more sustainable growth and lower inflation in a challenging external environment. The authorities are implementing very strong policies to preserve macroeconomic stability. The government has reform ambitions to raise tax revenues, reduce inequality, reform pensions and health care, and foster a green economy but is encountering strong resistance in a fragmented Congress.

Subject: External debt, Fiscal policy, Fiscal stance, Inflation, International organization, Metal prices, Monetary policy, Prices, Public debt

Keywords: Caribbean, Chilean peso, FCL arrangement, FCL qualification criteria, Fiscal stance, Global, Income tax reform, Inflation, Inflation expectation, Metal prices, Rate reduction

Publication Details

Pages:

44
Volume:

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DOI:

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Issue:

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Series:

Country Report No. 2023/311
Stock No:

1CHLEA2023005
ISBN:

9798400252822
ISSN:

1934-7685

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